Tax Advice

Saving your assets

High taxes and an economic recession mean that estate planning is essential for preserving wealth.

Tax truisms

How you can safeguard your wealth with reasonably little interference from SARS.

Why you can still trust trusts

Here’s a way to build a nest egg without too much interference from SARS.

The long arm of the tax law

Be warned – tax authorities in other countries can use SARS to get at you!

Innocence is no protection

How a taxpayer suffered great harm, and not only because of a supposedly inaccurate assessment.

About the WTO

Know the World Trade Organisation’s tariffs and rules before you export.

When in doubt – trade!

The money still to be gathered from clients after selling a business should be retained as taxable income.

Guidelines on searches by SARS

There is a difference between inspections and searches, and privacy is key to that difference.

Appealing a sequestration

The following case illustrates the limits of the tax authority’s powers in winding up proceedings.

Protecting local producers

Recent Appeals Court rulings highlight the problems of ‘dumping’.

Income vs capital

Save yourself tax hassles by ensuring that a clear distinction is made between ‘income’ and ‘capital’ in any agreement you sign with other parties.

Post-dated calamity

A recent court case provides guidelines on what to do if a cheque received by SARS is stolen.

New tax laws

A number of interesting changes were recently tabled in the Taxation Laws Amendment Bill of 2013.

Withholding tax

All users of offshore services need to be aware of this new tax and must alert their suppliers in good time.

Know your tax terms

Knowing the difference between ‘retrospective’ and ‘retroactive’ assessments can save you tax.

Border carbon adjustments

These measures could see countries being penalised for ignoring environmental issues.

More about tax avoidance

How Starbucks and other companies avoid paying big bucks in the highest tax jurisdictions.

A company has a duty to avoid tax

The better a business is at avoiding the payment of unnecessary tax, the healthier it will be.

Warrantless searches – what you need to know

A recent court case has helped to define how far Sars officials are allowed to go when it comes to searching your home or business.

Taxman targets trusts once again

The authorities have been tightening up on trusts for many years, and the latest set of proposals are set to tax trust income even more severely.
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